News

What the mortgage process press and forums are saying · updated
From the press
Scotsman Guide News ·

HUD stonewalls congressional auditors amid staffing exodus, funding cuts

The loss of nearly 30% of workers last year fueled chaos across a range of programs, new congressional audit finds The post HUD stonewalls congressional auditors amid staffing exodus, funding cuts…
HousingWire, "The appraisal gap in 2026" ·

Can mortgage rates get under 7% for the holidays?

A path back below 7% exists, but spreads and geopolitics still matter
National Mortgage News ·

Investment property hotspots may present DSCR opportunity

The number of investment units purchased grew for the first time in four quarters, but market share was the smallest since early 2025, BatchData reported.
HUD FHA Mortgagee Letters ·

HUD Makes It Easier to Build More Housing

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HousingWire, "The appraisal gap in 2026" ·

Real, Compass, SERHANT. add teams; Baird & Warner picks COO

Christies International Real Estate expands in New Jersey
Scotsman Guide News ·

Commercial real estate sentiment turns negative for the first time since 2023

Interest rate outlook sours among developers and property owners, posting worst decline since 2022: CREDA index The post Commercial real estate sentiment turns negative for the first time since 2023…
National Mortgage News ·

GSE shareholders closer to big payout after petition denial

After court denies rehearing, investors in the Fairholme case may still face a hurdle from a potential FHFA challenge.
HousingWire, "The appraisal gap in 2026" ·

Compass takes CRMLS fight to court and promises to cover agent fines

Complaint alleges fines up to $2,500 for public marketing outside the MLS when clients direct it in writing
Scotsman Guide News ·

Warsh’s silence on resurgent inflation is deafening

AI spending is the major driver of the U.S. economy — and increasingly a threat to the Federal Reserve’s inflation goals The post Warsh’s silence on resurgent inflation is deafening appeared first on…
National Mortgage News ·

Mortgage bond sales put on hold as investors demand more yield

Figure Technology Solutions put a break on fundraising plans with a unit deciding to postpone a $346 million residential mortgage-backed security.
HousingWire, "The appraisal gap in 2026" ·

First Horizon sells $4.5B mortgage portfolio at discount

Bank is moving to align its mortgage production more closely with core relationship clients
Scotsman Guide News ·

High rates had ‘chilling effect’ on new-home purchase market in September: MBA

Application survey data shows a tough start to the fall season for builders The post High rates had ‘chilling effect’ on new-home purchase market in September: MBA appeared first on Scotsman Guide .
National Mortgage News ·

Servicers must watch non QM as negative outcomes grow

While positive results, including cures and resumed payments, still outpace the poor ones, the gap in the most recent dv01 study narrowed from 12 months prior.
HousingWire, "The appraisal gap in 2026" ·

Disruption can distract brokerage leaders from consumer expectations

Lessons from deregulation, software shifts, wireless competition, and patient consumerism point to a consistent pattern, choice changes behavior
Scotsman Guide News ·

Non-QM’s growth story is just getting started, industry pros say

Non-qualified mortgage lending has defied downward trends during a challenging rate environment The post Non-QM’s growth story is just getting started, industry pros say appeared first on Scotsman…
National Mortgage News ·

Canadian fintech's broker AI may extend to United States

Pentiv's initial artificial intelligence applications are a recruitment agent and an alternative mortgage renewal agent, which will help spot at-risk extensions.
HousingWire, "The appraisal gap in 2026" ·

Fannie Mae slashes 2027 mortgage forecast amid higher rates

Refinance activity takes the brunt of the revision
Scotsman Guide News ·

Real estate investors pull back from home purchases in Q2

Investor home purchases fell by 22% year over year in the second quarter — but still accounted for more than one-quarter of all homes sold The post Real estate investors pull back from home purchases…
National Mortgage News ·

Escrow violation shows why lenders must prioritize bookkeeping

Wyoming-based Wallick & Volk faces suspension of its California license after regulators found the lender commingled escrow funds with its general account.
HousingWire, "The appraisal gap in 2026" ·

Dark Matter promotes three executives to senior leadership roles

The company promoted three executives into CTO, CFO, legal roles
Scotsman Guide News ·

Manufactured housing gets a federal boost, but barriers remain

Legislation designed to expand manufactured housing supply faces a variety of challenges at the national, state and local levels The post Manufactured housing gets a federal boost, but barriers…
National Mortgage News ·

Consumers put another servicer on watch with lawsuit over fees

Homeowners say Roundpoint assessed them numerous fees in violation of their mortgage contract and state law, including a "broker price opinion" charge.
HousingWire, "The appraisal gap in 2026" ·

Candidates pitch housing affordability fixes as a midterm gambit

Candidates pair pro-supply policies with populist proposals like investor limits, LIHTC expansion and down payment help
Scotsman Guide News ·

Another inflation report just flashed warning signs

PPI inflation comes in hot, putting further pressure on the Fed ahead of the midterms The post Another inflation report just flashed warning signs appeared first on Scotsman Guide .
National Mortgage News ·

Home equity deal shows VantageScore viable for RMBS ratings

A fintech's transaction is the first to go through S&P Global's preliminary rating process with VantageScore 4.0 used to underwrite for 100% of the loans.
On the forums
Weird remark on my credit from the mortgage
r/Mortgages · 9 · 13
We got the keys! Minnesota $244,900 @ 6.852%
r/FirstTimeHomeBuyer · 2466 · 152 GOT THE KEYS! 🔑 🏡
The third investor house on my street has went up for sale. Is this normal?
r/RealEstate · 97 · 97
Post forbearance, loan modification request pending, kid was just diagnosed with cancer
r/Mortgages · 22 · 14
Got the keys! Fishtown Philadelphia. 585k. Cash
r/FirstTimeHomeBuyer · 971 · 96 GOT THE KEYS! 🔑 🏡
Millions of boomer's kids trying to sell their parents houses. I am thinking that home prices will continue to stagnate for many years
r/RealEstate · 438 · 609 Data
Closing earlier vs. original date
r/Mortgages · 5 · 10
We did it!! Nor Cal 813k 4.99
r/FirstTimeHomeBuyer · 1454 · 135 GOT THE KEYS! - New Build 🔑 🏡
Buying new homes, builders ghosting after asking for inspection/appraisal contingency
r/RealEstate · 35 · 49 Homebuyer
How long are people actually willing to wait for lower mortgage rates?
r/Mortgages · 284 · 613
Finally closed! - Phoenix, AZ $799k / 4.75% 30 year fixed
r/FirstTimeHomeBuyer · 3236 · 944 GOT THE KEYS! - New Build 🔑 🏡
As a realtor what do you do in this instance
r/RealEstate · 68 · 104
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